Spotware Community Team Releases Pattern Drawing Indicator

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Spotware since: 23 Sep 2013;

  16 Mar 2021, 14:36
Spotware Community Team Releases Pattern Drawing Indicator

Dear traders,

cTrader Community Team announces the first release of our Pattern Drawing Indicator! The Pattern Drawing Indicator is an indicator that allows traders to easily draw the following patterns on the chart

  • Cypher Pattern
  • ABCD Pattern
  • Triangle Pattern
  • Three Drives Pattern
  • Head and Shoulders
  • Elliot Impulse Wave (12345)
  • Elliot Triangle Wave (ABDCE)
  • Elliot Triple Combo Wave (WXYXZ)
  • Elliot Correction Wave (ABC)
  • Elliot Double Combo Wave (WXY)
  • Cyclic Lines

The indicator is open source and its main purpose is to demonstrate the capabilities of cTrader Automate and Chart Controls as well as provide traders with tools for visualizing these popular patterns on the chart.

Here you can see a short video demonstrating the indicator.

You can download the new indicator here. Post your feedback, any suggestions or bugs in the comments section. 

Our indicator is also available on GitHub and we would appreciate any community contribution.

We hope you enjoy it!

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